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brownsfan019

Market Wizard
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Everything posted by brownsfan019

  1. You are making the assumption that someone who has never shown a blotter actually trades. Turns out it's very easy to keep a cool head when you have nothing to lose.
  2. I'll see if I can't get someone there to look at this thread.
  3. 12-4-09: +$740.00 Just oil baby.
  4. I struggle w/ the same thing Dinero - my p/l was alright today, but could have been more. Trailing stops is a fickle animal and here's why - days like today, you want to trail your stop liberally and make a killing. Other days, you will take +3 and +5 all day long. IMO you just have to decide what YOU are comfortable with. Your options: 1) Take reliable, predictable bunches of profits in increments. Make money most days. 2) Go for the home run and make killings some days, breakevens on other days. There is no right answer - it's entirely up to what you want to accomplish. I take a #1 view even though I try my hardest to bring a little of #2 over when appropriate. Same as above -- those trails are not easy ESPECIALLY on oil. It has too many quick moves up or down to grab some stops and then continue. If you want to trail on oil, you need to give it a large cushion. Of course that opens yourself up to 'giving away' large chunks of profits when price does reverse on you. That's ok too. You might find that 3 markets is too much in real-time. As I mentioned yesterday, oil is becoming more and more attractive to me. To the point of ONLY trading oil. Food for thought.
  5. RLM = what OEC calls the Russell e-mini. Not sure why, but that's what they use.
  6. The thought crossed my mind - maybe trade the RLM the last 2 hours or so. We'll see. I also don't care to work a lot either.
  7. 12-3-09 Revised (again): +$3017.49 Alright, this was about as bizarre of a day for me as there has ever been. It started with my scratch performance in the AM. I wasn't too happy to see that occur. So then the pre-workout trade took place. Then I was at the computer and got a few more setups in the PM. I'm typically not even near my computer at that time, but it was there for the taking. Trades were taken over 3 different computers, hence the 3 screenshots. Feels weird that my best day since posting on this thread was my most bizarre one. Pretty sure this was the best p/l I've turned out for this thread.
  8. QM's volume is very light so you probably weren't seeing nice, smooth moves as the CL. The DOM and charts can get a little choppy on the QM. I wish I knew when to load the boat on the easy days and sleep in on the not-so easy days. I just take them all in stride and if it works as planned, I come out ahead in the end. You could open an entire new thread and discussion on gauging when to expect big intraday moves. If you find something, let me know.
  9. One thing I noticed there gabe - you appear to be going w/ the trend with a long. Not sure how much emphasis there is in the thread about that, but I did notice it. Of course, sooner or later that trend will end so take it for what it's worth.
  10. 12-3-09 Revised: +$457.49 I normally don't do this but I wasn't thrilled with my earlier performance. Saw a nice short forming on the CL and took it. I didn't feel like waiting around for it as I was about to go my workout so I just put my exits out there via OCO and came back to see this. Nice when it works like that. Note - this was taken on a separate computer so the CL combined profit was $899.99. I'm beginning to think of becoming an oil exclusive trader... for the time being at least. We'll see but I am giving serious consideration to just focusing on oil and perhaps bumping the contracts up.
  11. BR can do whatever he wants. If you don't like it, don't read it. Feel free to join us.
  12. 12-3-09: +$67.50 I got out of bed for this?
  13. Just when I thought your charts could not get any more ugly gabe, you find a way to provide something even more hideous to the eyes. Can you really trade in real-time from those things?
  14. Step 1 - don't assume anything. Step 2 - enjoy the thread.
  15. This is what my quote window looks like: This way I can't miss when the new contract has volume. Also - if you roll ANY grain, then you probably need to roll all of them. Same with oil - if you roll the QM, odds are the CL needs rolled as well. I hope to be back at it with you guys soon, nothing here as I am fighting some stomach bug thing.
  16. That's all I had to read to know this is a scam, ripoff or something of the sort in the making. NOTHING IN THIS BUSINESS IS RISK FREE. NOTHING. When you are dealing in markets swimming with sharks that will take every penny you offer them, that's pretty much the opposite of risk free. What a joke. I WOULD STRONGLY RECOMMEND YOU DO NOT CONTACT THIS SCAMMER. And yes, I could trade for your little group and make money for those involved but I have no interest in being associated with someone that comes here claiming they have a risk free offer.
  17. There very well could be. I know there's at least one in the Cleveland area but you have to pay to join and go to meetings and stuff. Don't feel like doing that.
  18. 1) What are these numbers exactly showing? 2) How do you trade from them? 3) How do you calculate them? 4) Can you post charts that illustrate this? That might help.
  19. Thales - this one really sticks out to me as an easier trade due to the strong support identified on the longer timeframe chart. Again, just an outsider chiming in but if these type of setups occur enough I wonder if that could help those struggling to zero in on a particular setup vs. every one that shows up on the 15 min charts. And even if they are only a few per week, just load the boat. Also - due to the strong support on the 4H chart, I wonder if this will get some serious steam behind it where you can use the 15M to time the entry and now use the 4H to manage the exits. Just some more rambling and observations.
  20. I'm should be taking a look at some online insurers here soon. My renewal came in and it's going up of course. I'd rather do it all online, so I'll see what I can find and report back here.
  21. Dinero - I think it's a bit easier than you are thinking... Here's how I see what you did: 1) Define S/R levels. Obviously this is key for this to work consistently. 2) From there, look for trades - and I would suggest that you could have gone long OR short there. Why? If it's an active level that you are anticipating, it could also become a breakout area as well. 3) What chart setting is your daytrade chart set to? I'm asking b/c as you pointed out, price got to your level and then had no interest of breaking it. But I'm wondering what chart setting that is. I think defining some rules around this could be something as define S/R then look to see what price does there - does it bust through like that level was not even there? If yes, consider just jumping on that train and go with it. If no, then consider a reversal trade as you illustrated here on today's charts.
  22. 12-1-09: -$180.00 Blah day, not much happening on my end there.
  23. Good look at the chart dinero. One suggestion - to get your chart less cluttered, you can turn the grid lines off. I think they just get in the way creating more stuff that's unnecessary. Go into the current profile >> thing in the top right corner to turn those off.
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